Aircraft Door Market Size

Aircraft Door Market Size

Aircraft Door Market size exceeded USD 4.8 billion in 2020 and is projected to grow at 5.8% CAGR from 2021 to 2027. Increasing business travel and the improving tourism sector are driving the demand for low-cost carriers across the globe. Robust economic growth, improved living conditions, and the presence of major aircraft manufacturers are positively contributing to the aviation industry expansion. Additionally, increasing seating capacities in low-cost carriers and lower fares & tariffs compared to traditional air carriers are supporting the market growth. Proliferating trade activities along with rising air passenger and cargo traffic are attracting investments in the sector from government & other foreign players.

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sLuxury and business jets are witnessing solid growth in the global market, especially in the Middle East, on account of their ability to allowing reduced travel time and superior levels of passenger convenience. Furthermore, the increasing customer spending on private jet flying is playing a significant role in the aircraft door market proliferation. Expansion of air connectivity routes with a rising number of airliners globally offering improved itineraries and destination travels will boost the market growth by 2027.

Technical challenges faced by hydraulically operated aircraft doors, such as cargo doors and weapon-bay doors, may hamper the market revenue. The lack of fluid compatibility, requirement for fire-resistant fluids & zero leakage hydraulics, and specific maintenance schedules for monitoring fluid conditions on aircraft pose additional challenges to the development of aircraft doors.